Dogecoin Price Can Stage A 96% Rally If It Breaks This Falling Wedge Pattern

Dogecoin has spent the majority of the past 30 days drifting lower, falling into a tight and almost predictable rhythm of lower highs and lower lows. The movement has been sluggish, but technical analysis shows that something important may now be forming.  A new analysis shared by crypto commentator Clifton Fx suggests that Dogecoin is approaching the end of this decline, and the chart he posted highlights a falling wedge pattern that could become the basis for a 96% rally if buyers finally step in with conviction. A Falling Wedge That Has Started Attracting Attention Technical analysis of Dogecoin’s price action on the 12-hour chart shows two downward-sloping trendlines gradually converging. This pattern is highlighted by coiling price action, with each bounce becoming smaller and the space between the trendlines becoming narrower.  Related Reading: Here’s The Bullish Trend Developing To Trigger A 174% Move For The Dogecoin Price This structure is what analysts often describe as